$ORG - rotation looks to be happening on cue.Moves into energy names. ths thing has broken a 16 year down trend and based. 8.95 close above and we will be looking at a bit of Buzz Lightyear.....by Hodgo0
Origin energy👀Excellent stock💎 to hold for long. Nice breakout with huge volume. A big gap up in an intermediate time period where gap up trading strategy can be used to go short to buy later. Once it pullback to 6.47 level, then buy entry trigger. The same high volume appeared on oct 2015, and the price had gone up. The same thing is happening now. Please like, share and comment to my profile if you really like my ideas. ✌✌✌ by sanv-TPD3
ORG Breakout @ 25 Aug 2021ORG first time doing a written analysis on ORG ORG gapped up above the mid-term resistance with average volume --> good price action If you are not in ORG already, it's best to wait for a formation of a Higher Low (HL) with a retracement and rebound R is more than 10% Strategy-to-buy – Suggest to wait for retracement and successful rebound. DYOR by Jerm882
ORG - Potential Buying OpportunityORG has pulled back and is showing support at the current support level. This could be a sign that this pullback may be over and it could potentially move higher. I am targeting the Resistance level of $5.30 with a tight stop below the swing low (potential 22% gain). Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.Longby AsimMirzaTrader2
ORG - Bullish Trade PlanORG has bounced off strongly off Support with very High Volume, confirming its Bullish reversal. I expect a little correction to the downside as it looks like it is currently facing some resistance. There is also MACD Bullish Divergence on the Daily Timeframe and I expect a small correction or maybe a backtest of support near $4.20 - $4.35 zone which could give a fantastic opportunity to get long with a target towards TP1 - $5.30 and TP2 - $6.00. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.Longby AsimMirzaTrader1
ORG.ASX_Range Breakout Trade_ShortENTRY: 3.93 SL: 4.17 TP: 3.44 - ADX>20 - RSI<50, RSI<30 - Daily RS -ve - Daily FFI -ve - Daily MACD -ve - Weekly RS -ve - Weekly FFI -ve - Weekly MACD -ve - Breakout from range with good volumeShortby TRADER-WANNA-BEUpdated 0
Buying on negative sentiment - bounce playI just bought some ORG, looking for a range bound trade on negative sentiment. RSI at 25 Target sell price at 20% or 70 RSI Triple bottom Stop loss - manual - should be 8% but there could still be divergence that extends past that. If it did diverge I wouldn't sell but look to add more If we look at the weekly, $4 looks to have a lot of price memory all the way back to 2016 - a good sign that buyers will step in and see it as an opportunity / bottom. There is def. some risk / concern around trying to catch a falling knife, and it having another leg down but like the setup as the RSI plummets and volume is declining - a nice sign for an overreaction. ************************ This is not financial advice, I am not a financial adviser. Trade at your own risk.Longby Jicka1
Is $6.72 target on the horizon for ORG ?ABC correction is what may be unfolding with ORG and C target is shown on the chart @ $6.72. Will it be met or even exceeded ?by thecharttechnician0
ORG - Potential Buying OpportunityBullish trend confirmation indications: 1. Impulsive price action at the break of the Downtrend line. 2. Price Broke out of the Downtrend Line with High Volume . 3. Price is retracing to the Buy Zone (Fib Retracement Level of 38.2% - 61.8%) between $4.50 - $4.85 Zone 4. MACD Histogram showing a potential shift from Selling Momentum to Buying Momentum. 5. Good Buying Opportunity when it confirms Bullish Price Action. Please note these are my own notes, by no means trading advise. Please do your own research before entering into any trade.Longby AsimMirzaTraderUpdated 332
Will Origin Energy be a great buy soon??GP here - Origin Energy has had rocky price action prior to corona and should uncertainty continue or exasperate then we may have a great entry offered in a solid business. The company netted after tax $1.2b in ‘19. With a steady increase year on year in ‘19 revenue was $14.7b. Nearly netting 10%. It’s currently valued by the market at $10.67b. In 2019 it had $25.7b of assets on the books and $12.6b of liabilities. $13b of equity. $10.67b now seems undervalued let alone with what opportunities could be afforded soon. Limits left split wide between $2.30 and $0.95 or buy then on confirmed support with stop below considerate of risk. Going off the companies books I believe Origin is worth double what the market is offering now. That puts it around $12. Lining up near top target of $14.80. Taking profit along the way that puts the averaged trade risk return to be 1:5.2 not including dividends. Longby CryptoCheck-40
wait for the retest at prev resistace turned supporttake action with you full descision...i am a price action traderLongby Sikerboiy4
Origin Energy Long OpportunityI believe this is a good short term opportunity to go long on Origin. The uptrend line has been broken and it currently being held by horizontal support at around $8. I think it will come back up to around $9 before dropping again. by CryptoRookie744
POTENTIAL BUY OPPORTUNITY FOR ORG:ASXORIGIN ENERGY PRICE HAS BEEN DROPPING SHARPLY RECENTLY. ON WEEKLY CHART, THE PRICE IS TRENDING UP STRONGLY. THE PRICE IS NOW INSIDE THE ICHIMOKU CLOUD WHICH ACT AS SUPPORT. STOCHASTIC IS AT OVERSOLD ZONE. WAIT FOR STOCHASTIC TO POINT UP AND ENTER TRADE. TARGET LEVEL IS $10.12.Longby ThomasHa3
ORG-ASX: On the way to the target and closing the GapThe purchase was at 9.43 and Target is at 10.07. We are on the way ... money walking ... #luizdenot #xbroker #org #energyLongby denot113
Origin to range before an upside break-13 Week Rectangle -Price between 50SMA and 200SMA, further ranging anticipated -Would like to see some more weekly bollinger band contraction prior to upside break -Two out of line moves to the upside -Measured move up to 11.09 Will watch in the coming weeks Likely 30 basis points of riskLongby TomKirk4
Origin Energy - Ascending Wedge Reversal Completion Looms CloserCurrently within the small ascending dotted wedge. We still have some growth ahead of us (up to around 10.50) before we break to downside which is likely to occur around full year results announcement (16th of August). When we break downwards we will bounce back up off the support around 9.50 to retest the breakout level as resistance (around 10.25). We will then retrace further to the green support zone between 9 and 9.20. Although many things can change, if the above scenario plays out then from here it is likely we will build some nice momentum to try and break through the light 9:50 resistance, the 10.20-10.50 medium resistance zone; and then ultimately have a failed first crack at the heavy resistance around 11.20ish. by Corrupt_Economy5
ORIGIN ENE FPO 1D ASX - ORG can go close the GAPWell, I start by saying that the "STOP" should be just under 9.36. The last candle is low, but did not break the "STOP" so there are great chances to open, fall and come back to break what might be the Point of Entry at 9.45. Occurring this and breaking the Average of 9, the target will be the closure of the GAP at 9.72. And for this to occur the low channel will be broken. #luizdenot #xbroker #energy #ASX Longby denot1